In this episode, I sit down with Amy Hinton, North American Scrap Editor at Fastmarkets. We break down one of the most misunderstood parts of our industry. How prices actually work.
If you’ve ever questioned where scrap prices come from, how they’re formed, or whether the market is being “played”… this is the episode for you.
Amy pulls back the curtain on how price reporting agencies operate. From sourcing real transaction data to filtering out noise, bias, and market positioning. We dig into the mechanics behind pricing, but more importantly, what you as a scrappy should actually be paying attention to.
We also get into what really moves the market. From geopolitics and currency to supply and demand fundamentals and the often-overlooked role of psychology and sentiment.
In this episode, we talk about:
👉 Market psychology vs fundamentals
👉 Transactions vs bids vs offers
👉 TBD deals and index pricing
👉 What actually moves prices
👉 How pricing agencies work
👉 The hierarchy of data
👉 And much more!
This is a masterclass in understanding the forces behind the numbers, so you can make better decisions on the ground.
Born Scrappy.
Brought to you by Buddy.
The only marketplace and trade OS built for scrappies, by scrappies.
https://www.tradebuddy.io/
https://www.linkedin.com/company/tradewithbuddy/
WHO IS STU KAGAN ANYWAYS?
27 years in the metal recycling game and still learning and growing…
I learnt from the best and worked my way up from yard labourer to Executive Director of Trading and Operations for the largest metal recycler in sub-Saharan Africa. Responsible for 4,500 employees, 85 sites, and the overall profitability of a multi-billion dollar operation.
I brought my breadth and depth of knowledge to bear and co-founded the fastest growing, most-loved, and most awarded metal recycling company in New Zealand.
I thought it was time that tech worked for our industry, so I built THE killer scrap app, Buddy - built for scrappies, by scrappies.
Father of two crazy-awesome boys. Husband to Lisa. Kids rugby coach. YPO member. Founder. Lifelong learner. Mentee. Mentor. Committed Stoic. Aspiring cowboy.
COME SAY HI ON LINKEDIN
https://www.linkedin.com/in/stukagan/
